879 WEST 5TH Street, Hamilton, ON L9C 5R4

$1,450,000
3
BD
1
BA
1,100
SqFt

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List Price
$1,450,000
MLS#
X13561930
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
Bungalow
Bedrooms
3
Bathrooms
1
Living Area
1100-1500
Province
ON
Municipality
Hamilton
Area
Hamilton
Neighborhood
Gourley
Subdivision
Stone Church

Property Description

A rare opportunity to acquire a premier development site in one of Hamilton's fastest-growing corridors. Welcome to 879 West 5th Street. A 100' x 253' property with exceptional dual street frontage on West 5th Street and Fortissimo Drive, offering outstanding redevelopment potential. The property also benefits from City-approved R4 (Mid-Rise Residential) rezoning, currently pending appeal, creating exciting future development possibilities. Approved severance for two rear lots and municipal water and sewer services already in place for additional lots help reduce development timelines and soft costs. Explore the potential for a four-lot detached subdivision, luxury townhomes, semi-detached homes, or a higher-density residential project. The existing three-bedroom bungalow provides immediate rental income while development plans are finalized. Ideally located just down the street from Mohawk College's Fennell Campus and minutes to the Upper James Street and Stone Church Road corridor, with convenient access to shopping, transit, parks, schools, and major highways, the location is ideal for student housing, family-oriented development, or professional rentals. Offering an exceptional combination of size, servicing, dual frontage, future zoning potential, income generation, and a prime West Mountain location, opportunities like this are becoming increasingly rare. Whether you're a builder, developer, or investor, 879 West 5th Street is reay for your vision.

Additional Information

Taxes
$5,569
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Kitchens
1
Exterior
Aluminum Siding
Garage Spaces
1
Garage Type
Carport
Pool
None
Parking Spaces
7
Parking Type
Private

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Calculator source: Real Geeks

Listing courtesy of KELLER WILLIAMS COMPLETE REALTY.